Judges Scientific (LON:JDG) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Judges Scientific plc (LON:JDG) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 9,708.07 ($120.60) and traded as low as GBX 8,600 ($106.83). Judges Scientific shares last traded at GBX 8,723 ($108.36), with a volume of 7,017 shares changing hands.

Analyst Ratings Changes

Several research firms have recently weighed in on JDG. Berenberg Bank reduced their price target on shares of Judges Scientific from £124 ($154.04) to £113.10 ($140.50) and set a “buy” rating for the company in a report on Tuesday, November 19th. Shore Capital reiterated a “house stock” rating on shares of Judges Scientific in a report on Thursday, September 19th.

Judges Scientific Price Performance

The company has a 50-day simple moving average of GBX 8,921.11 and a two-hundred day simple moving average of GBX 9,708.07. The company has a debt-to-equity ratio of 70.71, a quick ratio of 0.65 and a current ratio of 1.97. The stock has a market cap of £579.21 million, a price-to-earnings ratio of 4,567.02, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83.

Insiders Place Their Bets

In related news, insider David Cicurel bought 3 shares of the company’s stock in a transaction on Monday, October 7th. The stock was acquired at an average cost of GBX 9,923 ($123.27) per share, for a total transaction of £297.69 ($369.80). Also, insider Bradley Leonard Ormsby sold 230 shares of the business’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of GBX 8,900 ($110.56), for a total transaction of £20,470 ($25,428.57). Insiders have bought 6 shares of company stock worth $57,327 in the last three months. 18.75% of the stock is currently owned by corporate insiders.

About Judges Scientific

Judges Scientific plc designs, manufactures, and sells scientific instruments. The company offers engineering teaching and research equipment for universities, colleges, schools, and research centres; and research and development systems for food, beverage, dairy, edible oil, and pharmaceutical industries.